write-off

(redirected from Charge Offs)
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write-off

Informal something damaged beyond repair, esp a car
References in periodicals archive ?
The service said it expected a 20% or a deeper drop in charge offs in Sallie Mae's traditional loan portfolio by the end of 2012 as well as lower charge-offs in its non-traditional loans.
Charge offs, the share of debt that the bank can no longer collect, dropped significantly in November.
Capital One Financial Corp (NYSE: COF) has said in a regulatory filing that its annualized net charge offs have dropped.